2823 W 8th Street, Los Angeles, CA 90005

$890,000
4
BD
3
BA
3,480
SqFt

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Sold Price
$890,000
List Price
$1,290,000
Closing Date
Dec 31, 2025
Status
CLOSED
MLS#
SR25108235
Year Built
1908
Bedrooms
4
Bathrooms
3
Living Sq. Ft
3,480
Lot Size
6,252
Acres
0.14
Lot Location
0-1 Unit/Acre
Days on Market
118
Property Type
Single Family Residential
Property Sub Type
Mixed Use
Stories
Multi Level

Property Description

Bank-Owned Property ( REO ) with LAR4-2 Zoning! Fantastic Investment Opportunity! GOOD FOR BUSINESS WITHIN R-4 ZONE. PRE-SCHOOL, ACUPUNCTURE, CPA, INS. OFFICE, AND MORE MORE. Build multi-unit residential buildings or apartments to cater to the growing housing demand. Develop a community center that offers various services and amenities to the neighborhood, such as educational programs, wellness centers, and recreational facilities. Unlock the potential of this prime real estate gem! Nestled in a coveted area with LAR4-2 zoning, this bank-owned property presents an unparalleled opportunity for savvy investors. Whether you're looking to develop residential units, commercial spaces, or a blend of both, the possibilities are endless. Don't miss out on this rare chance to acquire a bank-owned property with immense potential. Act now and turn your vision into reality!

Additional Information

Appliances
Gas Oven
Pool Description
None
Fireplace Description
Living Room, See Remarks
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Sewer
Unknown
Water
Public
School District
Los Angeles Unified
Interior Features
Balcony
Attached Structure
Attached
Number Of Units Total
1

Listing courtesy of Listing Agent: Seung Soo "Eric" Min (mss1018@hotmail.com) from Listing Office: Dream Realty & Investments, Inc..

Listing sold by Jae Eun Jasmine Lee from Dream Realty & Investments Inc

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.